Are you a seasoned professional in credit risk modelling and quantitative analysis, eager to make a meaningful impact in the financial sector? A leading financial institution in Frankfurt is seeking a Senior Credit Risk Quantitative Analyst (m/f/d) to join their risk management team. This role offers an exciting opportunity to shape the future of credit risk strategies while working in a collaborative environment that values innovation, professional growth, and work-life balance.

With flexible hybrid working arrangements (up to two days remote per week), cutting-edge technology platforms, and a commitment to employee development, this organization provides the ideal setting for ambitious professionals looking to advance their careers in credit risk analytics.

Your Role: Key Responsibilities

As a Senior Credit Risk Quantitative Analyst (m/f/d), you will play a pivotal role in driving data-driven decision-making and ensuring regulatory compliance across retail banking portfolios. Your expertise will be instrumental in developing, validating, and refining advanced statistical models while contributing to portfolio strategies that balance risk and reward.

• Model Development & Validation: Design, enhance, and validate credit risk models such as Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), IFRS 9 frameworks, and scoring systems tailored for retail banking products.
• Portfolio Strategy: Develop robust strategies for managing credit portfolios, ensuring sustainable growth while mitigating risks.
• Model Risk Management: Contribute to the evolution of a comprehensive Model Risk Management Framework to address model risks across the bank's operations.
• Data Quality Assurance: Improve data governance processes by implementing controls that ensure high-quality inputs for all analytical activities.
• Regulatory Compliance: Ensure adherence to regulatory requirements such as MaRisk, EBA guidelines, and CRR by embedding these standards into daily practices and documentation.
• Stakeholder Engagement: Represent credit risk interests in internal committees and external audits, clearly communicating methodologies and outcomes to stakeholders and regulators.
• Cross-functional Collaboration: Work closely with teams across finance, IT, audit, and other departments to integrate risk models seamlessly into broader business processes.
• Mentorship & Leadership: Guide junior analysts within the team by sharing your expertise in quantitative methods and best practices.
• Industry Awareness: Stay ahead of industry trends and regulatory changes to proactively adapt modelling approaches and maintain best-in-class standards.
• Reporting & Insights: Prepare insightful reports on model performance, portfolio health, and emerging risks for senior management.

What You Bring: Skills & Experience

To excel in this role, you combine technical expertise with strong interpersonal skills that foster collaboration across teams. You are passionate about leveraging data-driven insights to support responsible lending practices while maintaining compliance with evolving regulations.

• Educational Background: A university degree in finance, economics, mathematics, statistics, or another quantitative discipline.
• Experience: At least five years of hands-on experience in credit risk management within a bank or financial institution.
• Technical Expertise: Proven ability to develop and validate statistical models for PD, LGD, EAD, IFRS 9 frameworks, and scoring systems.
• Programming Proficiency: Advanced skills in Python, SAS, SQL, or R for data manipulation and automation of complex calculations.
• Model Risk Knowledge: Comprehensive understanding of model risk management frameworks and effective control implementation.
• Data Governance: Strong track record in maintaining high standards of data quality management for reliable analytical outputs.
• Regulatory Acumen: Familiarity with MaRisk, EBA guidelines, CRR regulations, and other compliance requirements.
• Language Skills: Fluency in German (C1 level) and English for effective communication with diverse stakeholders.
• Leadership & Mentorship: Experience mentoring junior team members or leading projects within collaborative environments.

Why Join?

• Flexible Working Arrangements: Enjoy up to two days of remote work per week to support work-life balance without compromising productivity.
• Professional Development Opportunities: Access regular training programs designed to keep your skills sharp amid changing industry landscapes.
• Cutting-edge Technology Platforms: Leverage advanced tools that empower innovative solutions in credit risk analytics.
• Collaborative Environment: Work alongside highly skilled colleagues who value teamwork and mutual respect.
• Employee Wellbeing Focus: Benefit from supportive leadership dedicated to creating a positive workplace culture.

Located in Frankfurt's vibrant banking hub, this forward-thinking institution offers the perfect blend of career advancement opportunities and personal fulfilment.

Next Steps: Apply Today

If you're ready to elevate your career as a Senior Credit Risk Quantitative Analyst within an organisation that values both technical excellence and teamwork, we want to hear from you!

Click the link below to apply now-your next rewarding career move awaits!